UWC’s first-quarter net profit rose to RM17.11mil from RM6.5mil in the previous corresponding period.
PETALING JAYA: UWC Bhd
is maintaining an optimistic outlook towards both its business and the industries in which it operates in for the coming years, while observing signs of recovery.
In a filing with Bursa Malaysia, the engineering supporting services provider said it continues to focus on commencing new projects, acquiring new customers and strategies long-term growth plan to optimise potential business opportunities.
For its first quarter ended Oct 31, 2025, UWC’s net profit rose to RM17.11mil from RM6.5mil in the previous corresponding period, mainly driven by higher revenue.
This was partially offset by higher staff costs incurred and the higher loss on foreign exchange due to the strengthening of the ringgit against the dollar during the quarter under review.
Revenue in the first quarter grew to RM120.84mil from RM89.42mil a year earlier due to the gradual recovery of the semiconductor industry where the group operates in. UWC said it continues to see improving momentum in both front-end and back-end semiconductor activities, supported by increasing demand for advanced computing and artificial intelligence related applications.
“The rapid adoption of artificial intelligence across data centres, cloud infrastructure and high-performance computing is driving demand for more complex and higher-precision semiconductor manufacturing equipment.”
